Hyderabad: Wadhwani Foundation’s flagship initiative, the National Entrepreneurship Network (NEN) on Wednesday launched India’s first-ever Global Network for Entrepreneurs at the Global Entrepreneurship Summit, GES 2017 in Hyderabad.

The network aims to support different stages of entrepreneurship from early growth to growth stage entrepreneurs to SMEs and intends to provide customised offerings for various levels of the entrepreneurial journey.

The Wadhwani Global Network for Entrepreneurs is supporting aspiring entrepreneurs, early and growth stage entrepreneurs, and SMEs with accelerator and scalerator programmes curated mentors, advisors & consultants, service providers and investors through the mobile apps and a dedicated site www.wfnen.org.

Wadhwani Foundation has nurtured entrepreneurship in colleges in India for 14 years through student courses and launched hundreds of entrepreneurship clubs in campuses. This programme inspires students and student outliers by providing facilitated learning through www.wfnen.org and LearnWISE platform. From short videos, blogs to events, webinars, boot camps and case studies, there’s plenty of student entrepreneurs keen on arming themselves with formidable skills required for business success.

Ajay Kela, president & CEO, Wadhwani Foundation, said, “The Global Network for Entrepreneurs will act as a one-stop shop for the entrepreneur looking to grow locally and/or globally – providing all necessary resources, guidance, facilitated technology-led learning and networking opportunities for aspiring entrepreneurs and startups to succeed, where the failure rates are abnormally high. This is a first-in-world initiative with global operations in Asia, Africa, and Latin America. I foresee this as playing a major role in fulfilling the Wadhwani Foundation’s efforts towards high-value job creation, globally.”

The long-term goal of the Wadhwani Foundation is to help establish vibrant entrepreneur ecosystems in 100 cities around the world to alleviate the global youth unemployment problem. The ‘Wadhwani Global Network for Entrepreneurs’ will not only act as a fulcrum to inculcate a culture of entrepreneurship at a time when the best and the brightest are avidly looking at entrepreneurship as their first and preferred career choice, but will also provide the necessary knowledge and networking resources to the startup ecosystem that is required.